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Costa Rica official chose Scotiabank for state funds

Thursday, June 30, 2016

In Costa Rica, funds destined to finance projects of the Ministry of Transportation and Public Works are usually managed by national banks where deposits are unconditionally guaranteed by the government.

For this reason, the minister is now being questioned as to why he chose Scotiabank, a private, international bank to handle more than $450 million.

Source: Costa Rica News